Press Release, May 14, 2008
Citi announced today the appointment of Deborah Hopkins to the new position of Chief Innovation Officer, effective immediately. Since joining Citi in 2002, Ms. Hopkins has held several senior roles at the company, including Chief Operations and Technology Officer and Head of Corporate Strategy, Mergers & Acquisitions. This new role will bring together the strategy, information technology and research and development to drive cross-business, client-focused innovation across the company. Ms. Hopkins will report to Don Callahan, Citi's Chief Administrative Officer.
Ms. Hopkins will be responsible for developing and leading Citi's approach to creative, forward-looking collaboration with external constituencies, including current and prospective clients, venture capital firms, government agencies and academic institutions. She also will create and direct methods to maximize the internal creativity of Citi's newly reorganized corporate structure with the goal of creating operating efficiencies across global products, regions and the enterprise as a whole.
Ms. Hopkins also will retain her current role of Managing Director and Senior Advisor, Citi's Institutional Clients Group, where she will continue to support and advise Investment Banking clients.
"Innovation is critical for Citi's future growth, and I am delighted that Debby has accepted this important new challenge," said Vikram Pandit, Citi Chief Executive Officer. "As Chief Innovation Officer, Debby will work closely with Citi's regional and product leadership to help us serve clients better by driving innovation through the enterprise."